Jay Tell, Americana Stamp and Coin Galleries, rare stamp s coin s appraiser dealer buyer appraisal s, collector s collection s estate s lot s accumulation s, expert witness stamps coins, testimony litigation arbitration mediation, agent adviser consultant, classics error s EFO invert s misprint s mistake s odd unusual variety ies oddity ies, currency paper money, buying appraising U.S. world wide foreign postage stamp s mint or un used, coin s collectible s, inheritance inherited probate, heirs liquidation liquidator insurance, album s, holding s hoard s properties, evaluator evaluation s investments, So S Southern CA Ca California Cal Calif E East W West downtown LA Los Angeles L.A., SF Simi Antelope Sun Fountain San Gabriel Fernando Valley Diego Bernardino Jose Mateo Francisco Dimas Marino Marcos Clemente Luis Obispo Pedro, Encino Van Nuys Sherman Thousand Oaks Palms, W West E N No North Hollywood Tujunga Silver Toluca Lake Balboa Lynn wood view Terrace Forest, Conejo Valley Westlake Village, S Pasadena Glendale Burbank Altadena, Ontario Pomona, Chino Signal Rolling Shadow West Mission Viego North Granada Woodland Hidden Laguna Anaheim Agoura Beverly Hills, Brent West wood, Tarzana Reseda North ridge, Azuza, Canoga Monterey Baldwin Newbury Moor Park, Winnetka Chatsworth Porter Ranch Calabasas, Fairfax Wilshire Miracle Mile, Panorama Carson Virginia Temple Cathedral Century Culver National Studio City of Industry, Bel Air Pacific Palisades, Malibu Oxnard, Santa Monica Clarita Ana Paula Barbara Catalina Susana Maria, Orange Ventura Riverside LA County, Arcadia Sierra Madre, Sylmar Montrose Temecula, West W Covina El Monte, Camarillo, Commerce Whittier Bell flower Gardena, Alhambra Hawaiian Gardens Downey Pico Rivera, Montebello, Paramount Hawthorne Torrance Inglewood Compton, Marina Playa Corona Vista Del Rey Mar, Manhattan Redondo Hermosa Seal Huntington Imperial Newport Laguna Niguel Long Beach, Tustin, Rancho Palos Verdes Estate s Cucamonga, Irvine Fullerton Hacienda Rowland Heights Hghts, Carpinteria, Upland Lancaster Victorville, Indio Palm Lawn Irwin dale Desert Hot Springs, Bakersfield, Sacramento, Diamond Bar, Topanga, Encinitas, Bonita, Coronado Oceanside Playa Chula Vista, La Jolla Puente Verne Crescenta Mesa Canada Flintridge, Catalina, Dana Point Magu Dume, old letter s envelope s paper s note s post card s, stamp less first day crash cover s, proof s essay s, plate number s no. # block s souvenir sheet s sheetlet s, coil s booklets panes, double die print s over date, off planchet mis struck, type colonial copper, 20 3 small large cent nickel silver half dime, patterns tokens, $1 $2.50 1/4 quarter $3 $5 1/2 half $10 Indian Liberty $20 St. Gaudens double eagle gold coins, Morgan Peace trade silver dollars, proof un circulated type sets, 24¢ Curtis Jenny bi plane 1918 inverted center #C3a invert upside down aero plane  famous stamp error, Scott #164 America's rarest stamp, unique 1875 24¢ Winfield Scott ribbed paper Lost Continental Bank Note Co, Nobel Prize gold medal, missing omitted color, imperforate shifted mis perforations, pre printing paper crazy fold over crease, double print transfer, regular commemorative, parcel postage due air mail post, special delivery, revenue ducks back of book BOB, British No North So South Central America Canada BNA Mexico W West East E Europe Israel Australia Asia India China Japan, Graf Zeppelin Zepps, Titanic, celebrity film cinema movie TV star s, space sport s Olympic pioneer aviation aviator legend s press pin s, Washington Jefferson Madison Franklin Jackson Lincoln, Grant Lee, Edison TR Teddy Franklin Roosevelt FDR, Lindbergh Earhart Churchill Einstein, John JFK RFK Robert Kennedy LBJ Lyndon Johnson, Disney, historical presidential military army navy air force marines, signed documents manuscripts books autographs patents, signatures photo s lithographs memorabilia memento s poster s, antique s artifact s, old newspaper s periodical s pamphlet s diary map s, Civil First Second World War WW One 1 Two 2 II, political button s ribbons token s PFC PSE PSAG APS, raw un graded or PCGS NGC ANACS certified authenticated gem s rarities find s classic s treasure s showpiece s, Mark Twain 's Territorial Enterprise, The History Channel 's Pawn Stars expert [SEARCH WORDS]    

'Buying and selling since 1958'



  • Jay has 60 years experience as a rare stamp and coin dealer -- uniting treasures with serious collectors and savvy investors since 1958
  • Polished expert witness, trusted appraiser, buyer, consultant, agent
  • Specialist in 19th-20th century classics, rarities, errors, inverted centers
  • Historical and presidential documents, manuscripts, rare autographs etc
  • The History Channel's Pawn Stars expert for stamps, coins, currency
  • First dealer to buy and sell America's Rarest Stamp sold for $397,838 in 1999, internet record for most valuable stamp - est. today $3 million
  • First dealer in history to buy and sell a coveted Nobel Prize gold medal
  • First stamp and coin editor of the Los Angeles Times, creator of the popular Sunday column 'Stamp and Coin Corner' which ran for 30 years
  • First dealer to buy and sell the highest grade gem U.S. $10 Indian Head gold coin (1913S) known to exist; sold for $287,500 in 2007
  • Former consultant-contributor to the renowned Scott Stamp Catalogue
  • Owner and operator of five Los Angeles stamp and coin stores (1960s to 1990s); and a California licensed and bonded auctioneer
  • Perhaps the only dealer to buy-sell three intact 1903 Roosevelt Albums
  • Exclusive rare stamp buyer for John D. Rockefeller Jr's grandson
  • Former newspaper editor, publisher, investigative reporter, columnist
  • American Philatelic Society since 1963, APS Life Member
  • American Numismatic Assn since 1964, ANA Emeritus Member
  • National Stamp Dealers Association, NSDA member since 1998
  • United States Stamp Society, USSS member since 1983; etc.

16060 Ventura Blvd, PMB 110A, Encino, CA 91436
Phones: 818.905.1111 or 818.515.1222
By appointment only, please.
Emails: americanacorp@sbcglobal.net (best email);
or jaytell@hotmail.com

This website address: http://www.americanastampcoin.com


By Jay Tell, October 29, 2014  [updated]  ©

Donald Sundman, owner of Mystic Stamp Co. of Camden, NY revealed that his prize possession, the one-of-a-kind 1918 Jenny Invert Plate Number Block of Four was sold on October 7, 2014 for, as Sundman said, 'north of $4.8 million.'  The once-anonymous buyer is revealed to be Stuart Weitzman, world-famous celebrity shoe designer and stamp collector.

Both the normal 1918 24¢ airmail stamps (Scott Catalogue #C3) and the 24¢ Jenny inverted stamps (#C3a) -- the most famous stamp errors in the world -- are named for the Curtiss JN-4 'Jenny' biplane, an early barnstorming two-winged 'aeroplane' featured in great detail in the first American airmail stamp's blue center, or 'vignette.' Speculation abounded as for which mysterious gal the 'Jenny' plane was named. Alas, my research reveals a far less romantic explanation: the 'JN-4' painted on each of the 6,813 biplanes built between 1915 and 1919 -- which were a key American military factor in helping to win World War One -- used an open top '4' which looked like a 'Y' – and the catchy 'Jenny' nickname stuck.

The Jenny Invert Plate Block's fascinating price history begins in 1918. William T. Robey 'struck lightning' purchasing the full sheet of 100 inverts at the Washington D.C. New York Avenue post office for face value, just $24. Defying postal inspectors' threats, he sold it six days later for $15,000 to renowned Philadelphia stamp dealer Eugene Klein -- who had already pre-sold the sheet for $20,000 to Colonel Edward H. R. Green, one of America's wealthiest investors, son of the ruthless and miserly Hetty Green, the notorious 'Witch of Wall Street.' Hetty died two years earlier, in 1916, leaving her son a $100 million fortune, after years of her guilt because he lost a leg as a boy, when she refused to pay the doctor.

Green asked Klein to break up the sheet -- with Green keeping the key line, center-line, and other blocks -- including the unique plate number block (then, a block of eight). Green consigned singles back to Klein for sale.
Into the 1920's, Klein advertised Jenny Invert mint singles at $175 for a 'straight edged copy,' $250 for an 'example with full perforations,' later $350, then $650. It was reported that Green’s wife Mabel inadvertently placed a Jenny invert on an envelope to mail, but they retrieved it in time. (Imagine the dinner table discussion that night!)  One Jenny invert fell out of the album and was swept up in a vacuum by an errant housekeeper (who was not fired). Another Jenny invert was found in the suit breast pocket of a corpse after a frantic search, just seconds before the gent's burial -- in a failed attempt 'to take it with him.'

Two Jenny invert singles from William T. Robey's original discovery sheet of 100 have been lost since 1918 -- and are complete mysteries. Over the decades, some inverts were stolen, a few were unsuccessfully altered, and all have since been identified and found except for one still not recovered, making a grand total of three missing Jenny invert singles.

Apart from the 2014 sale of the unique Jenny invert plate block for $4.85 million, each of the other five surviving blocks of four is uniquely special in its own way -- like the center line block, the left margin block with arrow, and the lower left corner margin block with the siderographer's (printer's) initials. None of the five other blocks have changed hands since 2002. When sold, those other five blocks -- each with a colorful story -- could easily realize several million dollars each.

In recent years, unused Jenny Invert singles have brought $126,500 to $1.31 million each; with prices affected greatly by condition. Two choice Jenny Invert singles in 2014 fetched $575,000 each at auction. In December 2007, two exceptional Jenny invert examples had both sold, just weeks apart, for $935,000 and $977,500 respectively -- with that record to be toppled nearly a decade later, on May 31, 2016, by an almost superb gem -- the highest quality Jenny invert yet graded, at 95 (of 100) -- which achieved the stunning new record of $1.31 million at auction; and sold to an anonymous buyer.

Green's estate auctioned his vast holdings in 1942 including his remaining Jenny inverts. After the plate number block of eight was divided, in 1953 the unique upside-down Jenny Plate Number Block of Four fetched $18,250. It sold in 1980 for $1.1 million (was the buyer the rumored Ted Turner?). In 2005, it sold for $2.97 million to billionaire Bill Gross, who traded the unique Jenny Invert Plate Block two weeks later to Mystic Stamp Company. In that world-famous swap Gross received the 1868 1¢ Franklin 'Z Grill' (two are known) which completed his award-winning 19th century U.S. collection -- the first time in history anyone owned every issued full-numbered 19th century U.S. stamp -- including the one-of-a-kind 24¢ 1875 Lost Continental -- America's only unique and rarest United States stamp (see the full story in Jay Tell's bio).

With this sale for nearly $5 million, the Jenny Invert Plate Number Block remains the world record holder for any U.S. philatelic 'item' (a multiple or single stamp). Jenny is second to the British Guiana 1856 1¢ magenta
'crème de la crème' which Sotheby's sold in 2014 for $9.5 million, more than four times the prior 1996 single stamp record of $2.2 million.

Using $4.85 million as the price, compared to its $18,250 first auction realization in 1953, the stunning Jenny Invert 'one-of-a-kind' Plate Number Block of Four singular masterpiece appreciated an astonishing 26,575% in 61 years.

Aviation was still new when the first airmail stamp was rush-printed for issue on May 13, 1918 -- as World War One was still blazing. Philatelists including Robey were aware that inverts were possible since two-color U.S. stamps issued in 1869 and 1901 had produced a few world-famous inverted errors. In that era, stamp sheets with two or more colors were hand-fed into the press -- once for each color -- creating the possibility of a printer error on one or more sheets. In the week before, Robey, 29, predicted to his wife and to a close friend that he was 'looking for' and 'might find' an inverted sheet of the new airmail bi-colored stamp. On that fateful May 14, 1918 Robey, a junior bank cashier, withdrew $30 from his account -- six weeks of his $5-a-week wages -- with that specific miracle possibility in mind.  When the post office employee took $24 and handed him the sheet of 100 Jenny inverts, Robey said, 'My heart stood still.' The rest is history.

The postal clerk who sold the 'topsy-turvy' Jenny invert sheet of 100 to Robey was later asked how he failed to realize it was inverted. He replied, 'How was I supposed to know the thing was upside down? I never saw an airplane before!' ###


                                                     By Jay Tell, June 17, 2014
[updated]  ©

The world's most valuable stamp,
the unique 1856 British Guiana
1¢ magenta -- the 'Holy Grail of Stamps' -- the 'Mona Lisa of Philately' -- was sold on June 17, 2014 by Sotheby's (established in 1744) in New York -- after viewings for prospective bidders in London and Hong Kong -- and achieved the single stamp new world-record auction price of $9.5 million dollars -- shattering by 430% the prior world record for a single stamp of $2.2 million set in 1996 by a Swedish 1855 error of color stamp.

This incomparable icon of the stamp world was discovered in an attic by a 12-year old school boy -- and sold for $1.50 in 1873 -- $750 in 1878 -- $36,000 in 1922 -- $45,000 in 1940 -- $280,000
in 1970 -- $935,000 in 1980 to philanthropist John E. du Pont (1938-2010), heir to the du Pont fortune -- who died in prison for the second-degree murder (with diminished capacity) of his wrestling partner, Olympic Gold Medalist Dave Schultz -- subject of the 2014 critically acclaimed Steve Carell film, Foxcatcher.

This 'stuff of dreams' set its fourth consecutive single-stamp world-record auction price since 1922, realizing more than ten times its $935,000 price from 1980. This sea-change auction event (the first time the legendary prize was offered in 34 years) earned unprecedented media coverage attracting major art collectors, real estate tycoons, stock and bond investors. This worldwide publicity increases interest in, and demand for, all rare stamps. With today's instant news (PC, lap top, tablet, iPad, smart phone, Twitter, etc.), within hours hundreds of millions around the world knew of this historic sale. Since 1878, this timeless treasure's exquisite mystique, allure, romance, excitement and value has grown with each new generation.

In 1856, with his stamp shipment delayed, the British Guiana postmaster ran out of stamps. He asked a local newspaper publisher to quickly design and print temporary stamps -- which philatelists call 'postmaster provisionals' -- but he was unhappy with the simple design. To make it more difficult for forgers, he had a postal employee sign his initials on every stamp before it was sold. The 1¢ rate was often used on newspaper wrappers, which upon receipt were then typically discarded -- but this lone example survived. It was discovered 17 years later by L. Vernon Vaughn, a sharp-eyed 12-year-old lad, a stamp collector, while rummaging through in his parents' attic -- to the sheer delight of countless generations of philatelists, historians, and wordsmiths.

'Damus Petimus Que Vicissum’ -- (‘We give and expect in return’)

At just 1 / 300th of an ounce -- only 1" x 1.25" in size -- it is 'the most valuable object on earth for its size and weight.'  This tiny but powerful 'solitary grandeur' -- since 1878 'the locomotive of the stamp world' -- was once owned by Count Philippe la Renotiere von Ferrary who amassed the world's greatest stamp collection -- which was seized in 1918 by France for World War One German war reparations -- and sold in 14 landmark auctions from 1920 to 1925.  In 1922, King George V, the under-bidder at the auction, shocked everyone by failing to buy this 'creme de la creme' -- and today it is the only British rarity missing from the fabulous 2,500-album Royal Heirloom Philatelic Collection -- begun in 1856 by Queen Victoria's son, Prince Alfred.

Rumors abounded as to the identity of the $9.5 million dollar mystery buyer, an anonymous telephone bidder.  Perhaps it was billionaire Bill Gross? His stamp collection reportedly tops $100 million in value. Or Warren Buffett, Sheldon Adelson, Bill Gates? Larry Ellison, Ted Turner, or Steve Wynn? Perhaps the buyer was Great Britain's Royal Family? That would correct the blunder of King George V who allowed the stamp to sell in 1922 for 'only' $36,000 to shrewd American textile mogul Arthur Hind.

Alas, it has been revealed the $9.5 million buyer is Stuart Weitzman, world-famous celebrity shoe designer, who loaned the 1856 stamp icon to the Smithsonian National Postal Museum which exhibited the treasure at World Stamp Expo NY in 2016.

Special Note:
This is not just a stunning event in stamp history; to me it is quite personal. In the early 1950's, since about age seven or eight, I marveled at stories in The New York Times, Reader's Digest, Life, Look, Time, Newsweek, Coronet and elsewhere about the famous 1¢ British Guiana stamp having graced world-renowned collections. Back then, the world's largest and most famous stamp dealer, Henry Ellis Harris of Boston, estimated its worth at 'the grand sum of $50,000.' My childhood memories are not unique -- since its discovery in 1878 millions of all ages have swooned over this magical, mystical masterpiece -- which is ingrained in our culture, our heritage -- whether or not you are a stamp collector. It was profoundly humbling to me as a youth, as it is today, to know that no other stamp -- that I or anyone else will own -- will ever equal its stature, majesty or value.

At the packed Sotheby's Auction Gallery, many cameras whirred from major networks -- far more press than for Van Gogh's $110 million 'Irises' (now in the Getty Museum). This once-in-a-generation story was covered by worldwide wire services, newspapers, cable/satellite TV, radio, magazines, discussion groups, chat rooms, forums, blogs -- as no other art or collectibles story in history. This 'eternal stamp' simply transcends philately; many non-collectors have heard of it. Since their childhoods, I have told this story to my three daughters and to my grandchildren, and I hope it is passed on to our descendants, forever.
### ©

*** Exciting new stamp error discovery -- dazzling, stunning, UNIQUE multiple error U. S. 1978 commemorative mint sheet of 50 -- the only one known in the world -- Potential value in future years to $200,000 or more -- Excellent investment opportunity -- only $19,500 -- first savvy buyer gets it -- your protection against the certain ravages of future inflation -- Certified 100% genuine by the renowned Philatelic Foundation of New York, since 1945 the 'Supreme Court' of rare stamp expertise -- with color photo-embedded 2017 Certificate of Authenticity -- a new find, so not listed in any stamp catalogue -- the greatest combination error sheet of my entire career, visually spectacular -- Call Jay for photos, details -- 818.905.1111 or 818.515.1222 -- or, private email Jay at -- americanacorp@sbcglobal.net -- Your confidentiality is assured. ***

                ~ BIO OF JAY TELL ~  ©

has more than 50 years experience as a rare stamp and rare coin dealer, uniting treasures with serious collectors and savvy investors since 1958.  Backed by a lifetime of expertise, he is a skilled buyer and appraiser, polished court-certified expert witness, confidential consultant, trusted agent -- and a lifelong specialist in U.S. and world stamp and coin classics, rarities, errors, inverted centers, etc.  Jay handles all kinds of other collectibles: currency, presidential and historical documents, rare autographs, film and sports memorabilia, antiques, old photos, vintage jewelry, gold and silver.  Born in North Bergen, New Jersey in 1944, Jay is a former newspaper editor and publisher, investigative reporter, columnist, and is a lifelong writer.

Jay is The History Channel's PAWN STARS stamp, coin and currency expert.  Pawn Stars is a very popular weekly reality show on cable and satellite TV with tens of millions of loyal viewers from coast to coast, and is syndicated in many countries.  The famous Las Vegas pawn shop buys and sells all kinds of collectibles -- and has become a tourist attraction. Jay's Pawn Stars TV shows are frequently re-run on The History Channel.

Jay began his lifelong love-affair with stamps and coins as a boy, and had his first show booth in 1958, at 14, shared with a friend -- the late Marvin Frey, a lifelong dealer -- at the very first New York Interpex Stamp Expo. As a teenager, Jay visited old masters on legendary Nassau Street (hundreds of dealers in a few blocks; perhaps 50 in one building -- the famous 116 Nassau Street) for his specialty, misprints. An emerging entrepreneur, he pioneered the tiny error field which he helped grow to never imagined popularity. Jay became trusted by older dealers who taught him -- 'Your word is your bond' -- 'High ethics are moral and good business' -- 'You are not just selling stamps and coins, you are selling knowledge' -- and -- 'Everything a dealer buys should be for sale - don't compete with your collector and investor clients.' In the 1960s rents soared on Nassau Street (adjacent to Wall Street) -- so dealers were forced to move, ending the hobby's Golden Age -- the final years of which Jay treasures as an integral part of his values.

Jay owned and operated five Los Angeles retail stamp and coin stores from the 1960's to the 1990's - starting in 1965 at age 21. He has handled more than 100,000 career transactions for millions of dollars in store sales, floor and mail auctions, trade shows, mail order, internet; with zero complaints in his years as a licensed and bonded California stamp and coin auctioneer.

In 1975, at 31, Jay was the first dealer in history to buy and sell a coveted Nobel Prize, the 1956 23k gold medal awarded to Sir Cyril Hinshelwood for Chemistry. The Prize, rejected by the world's oldest and largest auction houses (Sotheby's, Spink, Christie's) had no price history prior to Jay's historic purchase and sale. It was believed to be the only Nobel heirloom to leave a recipient's family since the first in 1901 until 1985 when Sir William Randal Cremer's 1903 Nobel Peace Prize sold for $16,750.

[In 2012, Aage Niels Bohr's 1975 Nobel for Physics, for the particle theory of atomic structure, sold for about $50,000. His dad, Niels Bohr, won a Nobel in 1922. Only six times have a father and son won Nobel medals. The elder Bohr was on the top-secret Manhattan Project to develop nuclear weapons, which shortened WW2 and saved millions of lives. The nearly $50,000 auction
price was smashed in 2013 when the 1962 Nobel awarded to Francis Crick, co-discoverer in 1953 of double-helix DNA, sold for an amazing $2.27 million. In 2014, Argentine diplomat Carlos Saavedra Lamas' 1936 Nobel Peace Prize -- the first ever to a Latin American -- sold for $1.116 million. It had been lost, but later surfaced in a pawn shop. Lamas once led the League of Nations, predecessor of the United Nations. Sir James Chadwick's 1935 Nobel medal for Physics, for discovery of the neutron, sold in 2014 for $329,000.  Dr. James Watson's 1962 Nobel, as co-discoverer of DNA with Crick, sold in 2014 for a stunning $4.76 million to colorful Russian billionaire Alisher Usmanov, who generously returned the Nobel to Watson, who gave the money to gene research labs. Simon Kuznets' 1971 Nobel Prize for Economics, for 'Kuznets Curve' measuring income inequality, sold in 2015 for $390,848. In 2015, Heinrich Wieland's 1927 Nobel medal for Chemistry sold for $395,000. Wieland defied the the Nazi's by bravely protecting Jewish scientists at his laboratory; some were saved. He researched cholesterol, bile acids, and pain medications like morphine. Dr. Leon Lederman's 1988 Nobel Prize for Physics sold in 2015 for $765,000. In 1962, Lederman discovered the sub-atomic 'muon neutrino' -- controversially nicknamed the 'God particle' -- which led to the 2012 Higgs boson monumental breakthrough at the CERN collider near Geneva. Lederman was only the second living recipient, after Watson, to sell a Nobel; to pay his medical bills. Physiologist Alan Hodgkin's 1963 Nobel for Medicine, for central nervous system discoveries, sold in 2015 for $795,614.]
The total of
Nobel Prize gold medals known to have been sold is only 11 -- from all 573 Nobel Prizes awarded between 1901 and 2015 -- to 900 recipient Nobel Laureates -- with Jay's 1975 landmark purchase and sale believed to be the first. ©

Registered trademark of the Nobel Foundation. © ® The Nobel Foundation.
The Nobel Prize (physics, chemistry) is inscribed, 'For they who bettered life on earth by their newly found mastery.'

Jay made
philatelic history when he bought and sold the only UNIQUE United States full-numbered stamp, the 1875 24¢ Winfield Scott, Scott #164, printed by the Continental Bank Note Company -- so Jay named it the Lost Continental. The original discoverer, from San Diego, California was unable to sell it for 31 frustrating years (1968-1999); in three decades he had just one cash offer -- only $2,000. The stamp was rejected, ridiculed and belittled by the world's leading stamp dealers and most prominent auction firms who disparaged its legitimacy -- convincing major collectors and world-class investors to 'stay away.' In 1999, Jay was called to see it.

When approached by the disheartened
Jay soon became convinced the purple adhesive was authentic. He researched its amazing history and launched a major educational, publicity, editorial, promotional and advertising campaign at his own expense. He boldly took on very powerful interests who were determined to protect another stamp, the 1868 1¢ Franklin Z Grill, Scott #85A, which was widely but 'incorrectly' promoted for 30 years as America’s rarest stamp. Yes, it is a great rarity, but there are two known examples of the Z Grill, so, if Jay’s #164 -- with only one known to exist -- was validated with a meaningful sale, the famous Z Grill would drop to second place. Quite simply, one extant is rarer than two. Despite millions spent for decades by industry leaders on countless ads, articles, books and catalogs 'erroneously' claiming the Z Grill to be the rarest U.S. stamp -- it was soon to topple off its lofty perch.

Legendary philatelic authors were pioneer stamp experts
of the late 19th and 20th century (Luff, Perry, Ashbrook, Chase, Brookman), but they could only presume or surmise that #164 should exist since no 24¢ Winfield Scott had ever been found on ribbed paper -- which positively identifies it as a Continental Bank Note Company printing. It features a color not seen before -- 'slate bluish purple' -- and the bold 'six leaf' fancy cancel used during this narrow period. Additionally, the #164 has the 'partially weak plate impression' incredibly predicted in Lester Brookman's 1947 three-volume master work. Undiscovered since 1875, lost to the sands of time until 1968 -- the Lost Continental was not truly acknowledged for 124 years until Jay's landmark 1999 sale. 

Jay’s ground-breaking research
was featured in stories, large ads, and his hard-hitting four-page Tell Tales column (12/17/99) in Mekeel's and Stamps Magazine, America's oldest philatelic weekly, established in 1891. His media blitz boldly challenged industry leaders, and headlined: 'The famous Z Grill was NOT America's rarest stamp' as major auction firms and top dealers had widely but incorrectly promoted for decades. Jay made a compelling case for the authenticity of the Winfield Scott ribbed paper classic. The romance and excitement of Jay's Lost Continental expose earned comprehensive news coverage and full-page editorial support in the three most influential stamp publications. After 31 years of ridicule by so-called ‘experts’ with obvious ulterior motives -- in just eight weeks from start to finish, in the first-ever one-lot dedicated internet auction (12/21/1999), Jay sold the #164 treasure for $397,838, which is still the internet world-record for any single stamp.

News of the historic event rocked the stamp world.
It is by far the rarest and most valuable philatelic showpiece exclusively marketed on the internet, earning banner news stories in the philatelic press and in daily newspapers. Jay was interviewed on three TV news programs. In January 2000, amid armed guards, the only known example of the 24¢
Winfield Scott ribbed paper Lost Continental was the top exhibit at San Diego’s 28th annual SANDICAL Stamp Expo setting the all-time attendance record.

Scott #164 is now recognized
by the renowned Scott Stamp Catalogue
(established in 1868) as the only unique United States full-numbered postage stamp. It is certified as the only authentic #164 Continental Bank Note Company 24¢ stamp in the world by the prestigious Philatelic Foundation in New York (established in 1945) -- the 'Supreme Court' of philatelic expertise. And #164 is proudly celebrated in the Court of Honor as America's Rarest Stamp by the American Philatelic Society (established in 1886), the world's oldest, largest and most respected stamp organization.

No museum has #164
, not even the Smithsonian National Postal Museum.
No one can complete a U.S. stamp collection without the Lost Continental. Even the $8 million Zoellner collection, once the most valuable U.S. collection, did not have this key stamp, which now resides in the fabulous Bill Gross collection reportedly valued at more than $100 million. His award-winning 19th century U.S. stamp collection could not be complete without its capstone, its flagship, the unique #164, the only one in the world.

Jay’s acquisition
of the Lost Continental and
his landmark auction sale of #164 for nearly $400,000 also established the first shot out of the box world record, an unprecedented initial sale never equaled before or since. Plus, #164 holds the world record for the highest price for any single stamp or philatelic item ever exclusively sold on the internet. The 'singular sweet splendor' Lost Continental today is estimated at $3 million. Becoming the first dealer in history to buy and sell America's Rarest Stamp is the crowning achievement of Jay’s exciting career begun as a collector since the age of five, and as a dealer since the age of 14 in his New Jersey attic.

In 1962, an 18-year-old Jay was the first stamp and coin editor of the Las Vegas Sun creating a Sunday magazine editorial and advertising spread. The world’s largest stamp newspaper, Linn's Stamp News (established in 1928), reprinted some of Jay's articles. Jay attended Nevada Southern University (later to become UNLV) serving as editor-in-chief of the college newspaper. He worked nights in 1962-63 as a busboy and waiter at the legendary Sands Hotel, epicenter of the entertainment world during the luminous 'Rat Pack' era of Frank Sinatra, Dean Martin, Sammy Davis Jr, Joey Bishop, Peter Lawford, etc.

Jay co-managed his first political campaign at age 18,
in 1962, before he could even vote, and the stunning victory of unknown Ted Marshall for Clark County District Attorney remains one of the biggest upsets in Nevada political history.  A decade later, in 1971, Jay’s newspaper, the Las Vegas Free Press, risked everything by running an explosive expose which prevented a 'cinch’ win by the huge favorite in the Las Vegas City Commission race, Paul Price, the powerful but corrupt top columnist for the Las Vegas Sun. After his shocking defeat, Price sued for $500,000 for 'libel' but the charges were proved and the case was settled totally in Jay's favor.

Jay joined the
American Philatelic Society (established in 1886) in 1963 (Jay is a Life Member), -- and Jay joined the American Numismatic Association (established in 1891) in 1964 (Jay is an Emeritus Member) -- one of only a few members honored by each of these elite organizations with both the APS and ANA 50th Anniversary Medals.

In 1964, at 19, Jay opened his first stamp and coin office
in downtown Los Angeles (in the Stack Building), soon opening a retail store on Spring Street in the financial district, first of his five Los Angeles retail stamp and coin stores spanning four decades, the 1960s to the 1990s.

Considered one of the most beautiful stamps, this $1 Cattle in the Storm (from a John MacWhirter painting)
is part of the nine-stamp set (1¢ to $2.00) commemorating the 1898 Trans-Mississippi Exposition in Omaha.

In 1965, at 21, Jay became the first stamp and coin editor of the
Los Angeles Times, creating 'Stamp & Coin Corner' a popular Sunday column that ran for 30 years. In 1965, he leased the Lesser Building penthouse on Wilshire Blvd in Beverly Hills, installing the first nationwide coin teletype system, serving clients from all walks of life including film and TV producers, directors, and actors. In 1965-1969, his Fairfax store (adjacent to LA's original Farmers Market) pioneered and helped create the modern stamp, coin, collectible and bullion business.

His next three retail stores were in LA's
San Fernando Valley
-- in Sherman Oaks 1973-1974 -- Studio City 1974-1983 -- and Tarzana 1984-1992, his largest, an upscale 2,000 sq ft retail showroom and auction gallery featuring an impressive holding of rare stamps and coins, classics, errors, inverted centers, historical and presidential documents, rare autographs, paper money, mail and floor auctions, antiques, jewelry, early books, gold and silver. 

Jay Tell’s memberships:

  • American Philatelic Society since 1963 -- APS Life Member
  • American Numismatic Association since 1964 -- ANA Emeritus Member
  • National Stamp Dealers Association, NSDA since 1998
  • United States Stamp Society, USSS since 1983; etc.
  • Jay served on the Board of Directors of Sandical Stamp Expo, since 1972 San Diego’s oldest/largest stamp exposition.                                         
Jay is a former newspaper editor and publisher. In 1970, the infamous Howard Hughes proxy trial was an epic battle for control of an empire. Upon request by Hughes' dynamic lawyer, Chester C. Davis, Federal Judge Roger D. Foley admitted Jay's newspaper as evidence, saying from the bench, 'The Las Vegas Free Press may be the only paper in the nation to get the story straight.' Among many other important stories, Jay exposed Las Vegas Sun publisher Hank Greenspun and Hughes-Nevada CEO Robert Maheu who fleeced billionaire Hughes -- then perhaps the world's richest mogul -- of more than $20 million dollars ($110 million+ in today's dollars).

In the 1960s and 1970s, Jay's fearless investigative reporting championed civil and human rights, protecting the environment, a drug-free non-smoking healthy lifestyle and natural foods. He backed stronger federal and state health care coverage, equal opportunity and protection for all Americans. Often for the underdog, he supported minimum wage increases, equal pay for equal work for women, the first Fair Housing Law, and the new Public Defender's Office so each accused person gets a Constitutionally-required attorney -- principles which were then controversial but are now more widely accepted. Jay opposed the Vietnam war but supported our valiant troops and mourned his fiancee's brother and the 58,220 brave U.S. military who tragically died there. In the 1970s, Jay owned Nevada's very first health restaurant, Food for Thought. 

Bobby Darin was Jay’s close friend
and business partner, and his 1973 death at only 37 is still an irreplaceable loss. Bobby wrote and recorded 'Splish Splash' and 'Dream Lover', and sang 'Beyond the Sea', 'If I Were A Carpenter' and the mega-hit 'Mack the Knife' winning two Grammy awards. Bobby recorded 300+ songs, 30 albums, and outdrew Frank Sinatra at the Copacabana and other top nightclubs. He co-starred in 13 films, was nominated for a coveted Oscar, and won a Golden Globe.

In 1970, with life-threatening health issues and in retrospection rethinking the meaning of fame and fortune, Bobby's career was quiet. Jay truly believed in Bobby's amazing talents and negotiated (gratis, as a friend) Bobby's highest-ever
salary, $40,000 a week, at top Las Vegas Strip Hotels. A month of main room sold-out performances at the Landmark was followed by two engagements of one month each at the famed Desert Inn resort. Bobby's career took off (again) and in his last year with us, before his 'final curtain,' he starred in his own weekly NBC-TV one-hour prime-time variety show. Since childhood, Bobby had suffered from heart-damaging rheumatic fever and knew, since the tender age of eight, he would not live a long life -- but boy, did he live a full one!

In 2003, on the
anniversary of his friend's passing,
Jay wrote the 'Bobby Darin 30th Anniversary Tribute'
now published on more than 30 websites -- given gratis, upon request -- to honor Jay's dear friend.  Enjoy Bobby's 'Horacio Alger' story at...
  ...and...    http://www.bronxbabe.com/Page27.html

Bobby Darin, his son Todd, his wife Sandra Dee

Jay's late father,
Jack Tell,
was a St. John's University Law School graduate who joined The New York Times rising to an  assistant editor, the first person in America to see and realize the historical importance of brutal dictator Mussolini's WW2 upside-down death photo. A relative was stamp editor of the New York Post, so Jay grew up within both the journalism and philatelic communities. He attended the University of Nevada, Reno and Las Vegas.

In 1960, Jay's parents, Jack and Bea Tell, purchased Mark Twain's world-famous Virginia City
Territorial Enterprise newspaper from history and railroad author Lucius Beebe and moved the family West. At 17, Jay cut his journalistic teeth writing, researching, editing, and setting headlines with ornate hand-carved wood fonts. (For a headline of a story about a fire at the Virginia City Opera House, Jay selected wood fonts with hand carved flames surrounding each letter.) Jay helped run the same century-old Mealy flat-bed press actually used by Mark Twain and an historic Linotype melting lead ‘pigs’ for actual 'hot type' galley proofs.

In 1965, the Tell family founded the Las Vegas Israelite -- 'Nevada's only English-Jewish newspaper' -- well-respected, still going strong in its 52nd year of continuous publication -- and still family-owned -- with Jay's brother, Michael Tell, at the helm. 

In 1958, Jay's first major ‘find’ was an 8¢ Liberty plate number block with only one five-digit plate number instead of two (normally, there is one plate number for each color, blue and carmine). It was rejected as a ‘fake’ by major, longtime New York stamp dealers. The owner disagreed since he’d purchased it at the post office. Veteran dealers referred him to an 'error specialist’ across the Hudson River in New Jersey. He was shocked and amused when the ‘Mr.' Tell turned out to be 14 years old with three attic rooms of Lionel trains, planes, toy soldiers, stamps and coins. The man’s asking price was only $3.75 which included 50¢ for his round trip bus fare. After inspection, Jay purchased the widely scorned item and was thrilled to get a certificate of authenticity from the renowned Philatelic Foundation in New York. He soon sold the error for $250 -- a fortune for a ninth grader in 1958 -- and a life-changing confidence builder. It was the first of only five 8¢ Liberty (Scott #1041) one-number errors ever discovered, and Jay has handled three (ask for the exciting Tell Tales full story, gratis, via email).

At 14 years old, Jay's first major 'find' with only one plate number instead of two.
Of five of these rarities known to exist, Jay has handled three, including the first.

In 1959, at 15, Jay published a 16-page illustrated price list, the first solely devoted to stamp errors, now a classic in the field. Jay has announced major finds of rarities and errors not in catalogs. In 1961, Nassau Street dealer Morris Greebel consigned a 1918 Jenny Inverted Center (Scott #C3a) to Jay who sold it for $4,500, turning a tidy $500 profit for the 17-year-old. Today, Jenny Inverts are the world's most famous stamp errors, having sold for $126,500 to $1.31 million each (depending on condition). From the only sheet of 100 Jenny Inverts discovered, by William T. Robey in 1918, 97 are known, three are missing (request the compelling Tell Tales story). 

The unique 1918 Jenny Invert Plate # Block of Four, 'the stuff of dreams,' sold in 1953 for $18,250, in 1989 for $1.1 million, in 2005 for $2.97 million, and in October, 2014 for nearly $5 million -- an increase of 26,575%. Along with other fabulous U.S. and worldwide philatelic treasures, each a miniature work of art, a large poster of the iconic Jenny Invert Plate # Block of Four with its colorful history is displayed in the Smithsonian National Postal Museum's new 12,000 sq ft William H. Gross Gallery.

The unique 1918 Jenny INVERTED CENTER Plate # Block of Four sold for nearly $5 million in 2014.

In 1966, at 22, Jay helped list silver dollars on the N.Y Mercantile Exchange; and later sold his seat for a profit. Bank depository receipts for 'Morgan' and 'Peace' U.S. silver dollars (1878/1935) in 1,000-coin bags became America’s newest trading commodity, and the landmark event earned a spread in Fortune Magazine. Jay was interviewed on TV and radio programs, including the nationwide Joe Pyne Show broadcast on hundreds of stations coast to coast. Jay urged the public and his clients to collect and invest in rare stamps and coins with a finite supply and strong demand -- which have since greatly appreciated.

In 1967, at 23, Jay purchased the famous Whitney-Green coin and stamp collection for $350,000 ($2.5 million in today's dollars), a celebrated acquisition, banner national news. His weekly spreads (often in color) in Coin World, the world’s largest numismatic newspaper, brought thousands of store, auction and mail order buyers and sellers. Jay has been an innovator and advertiser since 1958. In the 1960s, when in his early 20s, Jay's LA stamp and coin firm with 26 employees grossed millions. 

Jay was the first dealer in history to buy and sell the highest grade U.S. $10 Indian head gold coin ever discovered (1913S). In 1979, he boldly outbid two lifelong world-class coin dealers, purchased it for $15,500, and soon sold it for $35,000 yielding a $19,500 profit. With this landmark purchase and sale of the finest known gem U.S. $10 Indian head gold coin (1913S), Jay earned a special place in numismatic history. In 2007, 28 years later, this magnificent coin sold for a record $287,500. ©

In 1983, Jay ran the biggest advertisement in philatelic history -- ten pages in Linn's Stamp News (established in 1928), then and now the world's largest and most influential philatelic publication. This record-breaking stamp mail auction, the first-ever to top $1 million, celebrated Jay's career 25th anniversary. It featured 1,639 lots of 19th and 20th century classics, rarities, errors, and other showpieces. In this lavishly photographed sale were four world-famous inverted centers: 1869 Pictorial Issue 15¢ and 24¢ inverts, 1901 Pan-American Exposition 1¢ invert, 1959 Canada Seaway 5¢ invert -- each a coveted treasure never before sold together in the West. 

The 15¢ 1869 Pictorial INVERTED CENTER depicts The Landing of Columbus (from a John
Vanderlyn painting).
Of 95+ known Jay has handled perhaps 15.
This one brought $120,000
in 2008. The finest known unused example
(three known to exist) fetched
$920,000 in 2013.

In the 1980s, Jay was the exclusive rare stamp buyer for icon John D. Rockefeller Jr's grandson, handling acquisitions of many fabulous errors, inverted centers, classic rarities and unique treasures. Jay was also selected to appraise the legendary grandfather's U.S. stamp collection, which he gave to his grandson at the age of eight. (Ask for the exciting full story in Tell Tales)

The 4¢ 1901 Pan-American Exposition INVERTED CENTER depicts an early electric car --  the first automobile
on any stamp. Only 35-40 unused examples a
re known to exist. In 2009, this one realized $103,500. The finest
known example sold in 2008 for an amazing $718,000
-- more than
ten times its $70,000 Scott Catalogue value.

Jay's 1992 Elvis Presley driver's license promotion earned priceless TV, radio and print publicity including an entire Liz Smith New York Post column internationally syndicated in many newspapers. Jay has written hundreds of news and feature stories on current events, history, philately, natural foods, the environment, the Bill of Rights, truth is stranger than fiction, book and stage show reviews.  

Jay has been the author of popular Tell Tales columns featured in America’s oldest stamp weekly, Mekeel’s and Stamps Magazine, established in 1891; archived in philatelic libraries around the world (ask for Tell Tales columns, gratis, via email). 

Roosevelt Albums were created in 1903 by visionary and progressive President Teddy Roosevelt, a lifelong stamp collector, recipient of the Nobel Peace Prize, builder of the Panama Canal, author of 47 books ('Rough Riders'), and father of the environmental movement to protect enormous forests, wetlands and national parks for our posterity. He was the trust-buster extraordinaire who broke up railroad, oil and other monopolies lowering prices for ordinary citizens. TR expanded the U.S. Navy (the 'Great White Fleet' toured the world) making America a world power ('Speak softly and carry a big stick').

Teddy Roosevelt's Bully Pulpit pioneered the government's new role ('The Square Deal') in ending child labor, creating standards for safe food and drugs, establishing workers' compensation, truthful product labeling, and ensuring workplace safety.
TR inspired Franklin D. Roosevelt's grand reforms -- so much we take for granted today --  Social Security, the eight-hour day, 40-hour week, massive infra-structure building, the CCC, NRA, WPA, TVA, FHA, FDIC, SEC, FTC, FDA; the United Nations, LBJ's Consumer Product Safety Commission, health care as a basic human right, the Environmental Protection Agency -- and so much more since 1933.
Each of the original 85 embossed, gilt-edged,
leather-bound Roosevelt Albums (each with 302 U.S. proofs 1847-1903 complete, printed from the original plates) was an incomparable gift from the American people to key statesmen, Supreme Court justices, kings, queens, top cabinet members, and renowned industry moguls Rockefeller, Astor, Vanderbilt, Carnegie, Mellon, J.P. Morgan and other luminaries. Over time, most of the 85 presentation albums were broken up for sets and singles. Today, perhaps only ten albums remain intact outside of those preserved in museums (Smithsonian, Sagamore Hill, Hyde Park). Each Roosevelt Album is an integral part of American culture, our legacy, our priceless permanent record of intertwined, inseparable U.S. and philatelic history. Jay may be the only dealer to buy and sell three complete, coveted, intact 1903 Roosevelt Albums.

304P2, 5c Blue, small die proof on wove, on original card backing from a Roosevelt album, extremely fine a special printing of small die proofs was produced in 1904 by theRoosevelt administration, only 85 Roosevelt presentation albums were c
One of the 302 small die proofs, 1847-1903 complete, on gray card backing cut from a 1903 Roosevelt Album page.

145P2-55P2, 1870 1c-90c National Bank Notes, small die proofs on India cplt., mounted on complete full page from a Roosevelt presentation album, intensely fresh colors (15c slightly oxidized), bend to card at bottom left corner (resulting in spl
One page from a 1903 Roosevelt Album.   Perhaps only ten complete albums still exist outside
museums.  Jay may be the
only dealer to have bought and sold three intact Roosevelt Albums.
ne is believed to be uniqu
e - the only known Roosevelt Album with six extra unlisted proofs.
Ask for Jay's
Tell Tales essay - how Teddy Roosevelt (TR) changed U.S. and world history.  ©

In 1986, Jay purchased a mint sheet (100) of the 50¢ 'Iron Betty’ Lamp -- 44 stamps with the black color 100% omittedThe seller, who'd purchased the sheet in 1979 at the post office for $50, had offers from four dealers. Jay paid his asking price and later sold this exciting new find to America’s legendary stamp dealer Robert A. Siegel, the world's top stamp auctioneer, for $20,000, yielding a sizable return. They reminisced about a teenage Jay's visits decades earlier to Mr. Siegel's mid-town Manhattan office searching for errors, and Mr. Siegel offered Jay a 50-50 partnership on a handshake.

The stunning error sheet was then consigned back to Jay to break up and widely promote, with the partners later
splitting a hefty additional profit. Today, the discovery is listed as a major error in the Scott Stamp Catalogue. The 'Iron Betty' Lamp was used in Plymouth Colony (perhaps at the first Thanksgiving?) and for the next three centuries burning animal fat, fish or vegetable oil, and cleverly designed to save the oil drippings for re-use.

  Pair, L near-normal, R with black 100% omitted
In 1990, a major discovery of Jay’s was again news. The 20¢ multicolored 1982 'Love' stamp plate # block of four contained the only two copies known to exist with the purple color 100% omitted -- a unique rarity certified authentic by the esteemed Philatelic Foundation of New York. Jay's advertising and publicity blitz yielded front-page stories and the one-of-a-kind treasure sold for a record $22,000. The 'singular showpiece' is now listed as major error
#1951e, without a price, in the Scott Stamp Catalogue.

Jay is a former consultant-contributor to the prestigious Scott Stamp Catalogue, since 1868 the premier annual philatelic reference essential for millions of collectors, dealers, investors around the world; the indispensable standard of the industry.

Jay has handled world-class stamp and coin rarities, famous errors, proofs, essays, covers, 19th and 20th century classics, unique treasures, one-of-a-kind showpieces. Jay has bought and sold perhaps 300 U.S. inverted centers, probably more than any other dealer except major auction houses. Most collectors and dealers have never owned even one prized inverted center in their lifetime. 

The 24¢ 1869
depicts in just 3/8" x 5/8" 23 Founders (nine with faces) presenting a
of the Declaration of Independence (from John Trumbull's 12' x 18' iconic painting gracing the U.S. Capitol
Rotunda since 1826).  
Of 90+ known 24¢
1869 topsy-turvy treasures, Jay has handled perhaps 12. This historic,
stirring portrait is the final freeze-frame of the 1972 film
1776. Jay says "I get chills; the painting, the stamp and
the movie memorialize the momentous
, magnificent, matchless, magical moment -- when America was born." ©

John Trumbull's huge 1819 painting shows 42 of the 56 signers of the Declaration of Independence.  We forgive the talented micro-engraver of the 24¢ 1869 Pictorial Issue, for depicting 'only' 23 Founders in the stamp's tiny vignette.

Since 1958, Jay has bought and sold rare autographs, letters, signed photos, historical documents and manuscripts -- such as large, ribbon-bound Presidential Patents (1825,1833,1856) signed by Presidents John Quincy Adams, Andrew Jackson, James Buchanan; and Henry Clay, famed Speaker of the House. Jay has bought and sold a signed Albert Einstein hand- written letter and signed photos of Einstein, JFK, FDR and many other historic figures; also a Ty Cobb handwritten letter and a 1957 N.Y. Yankee team baseball with 23 ink signatures including Mickey Mantle, Yogi Berra, Whitey Ford, Don Larson (only World Series Perfect Game), Enos Slaughter, Billy Martin, Bill Skowron, Hank Bauer, Bobby Shantz, Tony Kubek, Carey, Terry.


In 1992, a four-page 1834 letter by Gov. Jose Figueroa was rejected by the nation's leading autograph dealers and auction houses. With his lifelong love of history and insatiable curiosity, Jay had the letter translated and his original research revealed the document's world-class importance, substantiating a surmised but never-before proven plot against Mexico to return California to Spain. This event -- described in the University of California at Berkeley Bancroft Library (2.8 million volumes) world-renowned History of California master work -- was, with this document, finally verified. After a promotion, Jay sold the historic letter for a then-record $20,000.  Today, the value is six figures; Jay is always thrilled when his clients make money.

Jay is a polished stamp and coin expert witness, consultant, and incorruptible strategist -- available for mediation, advice, arbitration, depositions, and courtroom testimony. His entire 50+ year career is a wealth of front line experience in marketing, negotiating, advertising, auctions, appraisals, purchasing, five retail stores, public relations, promotions, mail order, and direct mail -- and as a former weekly newspaper editor, publisher, investigative reporter, columnist; and as a lifelong writer.

Jay's most exciting moment as an expert witness: In a San Diego wildfire-loss stamp collection evaluation, bitter litigation was frozen for four long years. On the case only two weeks, Jay destroyed the key arguments of the opposing expert witness, the PhD Chief Curator of Manuscripts of a world-renowned Southern California museum. Right after Jay's powerful presentation, attorneys for the defendant -- a $10 billion utility -- shockingly and unexpectedly raised their long-time ‘immovable’ offer by $1.25 million. Just 30 minutes after Jay's comprehensive report and opinion -- the four year old totally stalemated and contentious case was suddenly settled for $4.25 million -- thus giving a nice family, who had been totally wiped out, a fresh start. Amid hugs and tears of joy from his clients, it was Jay's most gratifying experience as a long-time expert witness.

Jay is devoted to his close-knit family and enjoys time with three daughters, their soul mates, and 'delicious' grandchildren. He lives and works in accord with the examples of high ethics and values his parents set for him when he was a boy.

With passion for the joy of lifelong learning, Jay says: "History is incandescent; it illuminates understanding, lights the way, brightens the soul."


From the 1869 Pictorial Issues (1¢ to 90¢)  -  the top
value of the beautiful
steel-engraved set of 11, the very first American commemorative stamps.

Emphasis is always on buying. "You make a profit when you buy, collect it when you sell." Jay purchases stamps, coins, currency, historical and presidential documents, rare autographs, old books and photos, movie, sports and music memorabilia, and many other collectibles -- from the sensational to the sublime -- rarities to accumulations -- one hoard was 33 cartons.

In any economy, whether
markets rise or fall, profits may be derived from buying and selling based on current market prices.
Buying is sometimes 'selling' a hesitant owner to part with his or her material. Southern California and Los Angeles is the West's largest and most lucrative collector market -- with a huge population and a seasoned, century-old collector base with thousands of collections, lots, estates for purchase or auction. (Capital funding $1 million partner welcome; call for details)

The stamp and coin business can thrive
during any economy, recession or inflation.
Liquidity equals strong buying power, assuring profits whether prices go up or down.
A stream of people needs to sell for immediate cash. An appraisal is for insurance or other purposes -- at estimated retail or market value. An evaluation is a buying price -- for actual purchase.

Jay is an APS Life Member, a member of the American Philatelic Society (established in 1886) since 1963. In 2013, Jay was recipient of the APS 50th Anniversary Medal. In 2014, Jay was also the recipient of the ANA 50th Anniversary Medal from the American Numismatic Association (established in 1891), awarded the ANA Emeritus Member status for life -- one of very few to have received 50-year member medals from both organizations -- the APS and the ANA

Buying is the key to all profits. W
hen you buy anything 'right' there is virtually no risk. If funds must be replaced quickly to prepare for the next deal, the purchase may be sold immediately for a modest profit. If 'flush,' however, and if time is not of the essence, profits may be greatly increased through retail sales, internet sales, floor and online auctions, trade shows, mail order. 

With live online auction bidding (PC, lap top, smart phone,
iPad, tablet, etc.), bidders now listen to live calling of auction lots from their homes and offices anywhere in the world -- during the actual auctions -- with an avalanche of new dollars pouring into these markets by old and new collectors and investors -- thus, the future potential of the exciting auction business is unlimited.

Auction houses get paid handsomely from both consignor (seller) fees and buyer premiums. Sotheby's and Christie's once auctioned $250 million each year. Today, because of a countless influx of internet participants, they each gross many billions annually. Another auction firm, unknown 40 years ago, today sells $1 billion, with 600 employees and 24 collectibles divisions.

Future inflation is virtually guaranteed, in Jay's opinion, as trillions of new dollars have been printed or electronically created to rebuild the economy since the crash of 2008. To protect against the ravages of coming inflation, many shrewd collectors and investors are quietly buying certified authentic rare stamps and coins which have performed much better than gold and silver.

Forbes recently listed an amazing 1,826 billionaires in the world (up 200+ in one year), as contrasted to only 14 billionaires in 1985. Forbes reported 360,000 U.S. $1 million+ annual earners and countless more worldwide.
Yet, not a single original 19th or 20th century rare stamp or coin will ever be produced again. This combination, a world awash with money and fierce competition for a finite or diminishing supply of carefully selected certified authentic rare stamps and coins, may cause future price rises.

Following the huge Reagan and Bush tax cuts for the wealthiest Americans (the only time in American history that tax rates were cut during wartime), more than $40 trillion dollars was transferred from the middle class to the top 10% which now owns 90% of the nation's assets. So-called 'trickle down economics' has never worked -- the rich just get richer. Past performance can never guarantee future value -- but dangerous inflationary conditions now exist -- as never before in all American history.

The unprecedented trillions of dollars printed or electronically created since the 2008 crash guarantees future inflation -- which will make the 1970s inflationary disruption seem like a cake walk. Smart folks with long-term time horizons view market adjustments and periods of low inflation as wonderful buying opportunities. Cash-rich collectors and investors, whether advanced buyers or newcomers, often bid up rare stamps, coins and other desirable collectibles at auction; and this is just the beginning.

***** For long term collectors and investors -- Jay specializes in certified authentic rare stamps and coins which may prove to be the best protection against coming inflation which will surely erode the value of the dollar. Are you protected?

Jay is a veteran buyer, appraiser, expert witness, trusted consultant, agent, marketing pro, and skilled deal-maker. With lifelong expertise and credentials he advises buyers on selected acquisitions for their legacy collections. Jay is proud and thrilled as rare stamps, rare coins and other collectibles he has sold to many of his clients have risen greatly in value over the years.

Jay says, 'Collectors and investors enjoy priceless pride of ownership and of course seek future price appreciation.' 'They enjoy the beauty of these acquisitions, and my sharing knowledge and the rich history behind special items a client purchases.'

Profits are important, but this business is also great fun handling so many fascinating treasures -- each with its own unique story or provenance. Decades of solid accomplishments await the saga's next chapter --- the best is yet to come! ###

 Image result for scroll work

Some of Jay's favorite quotations:
'I have the simplest of tastes. I am always satisfied with the bes
t.' - Oscar Wilde, playwright, journalist, humorist
      'The greatest risk of all is taking no risk.'
- Mark Zuckerberg, founder of Facebook  
  '...Two roads diverged in a wood, and I -- I took the one less traveled by; and that has made all the difference.'        - Robert Frost, poet, recipient of four Pulitzer Prizes and the Congressional Gold Medal                       'Bankers know that history is inflationary and that money is the last thing a wise man will hoard.'                               - Will and Ariel Durant, historians, authors, recipients of the Pulitzer Prize and the Presidential Medal of Freedom
'Inflation is determined by money supply growth.'
- Roger Bootle, economist, author
'Inflation is one form of taxation which can be imposed without legislation.' - Milton Friedman, economist, author
'Inflation is as violent as a mugger, as frightening as an armed robber, and as deadly as a hit man.'
- Ronald Reagan
'Rest satisfied with doing well, and leave others to talk of you as they please.' - Pythagoras, philosopher
'Those who do not remember the past are condemned to repeat it.' - George Santayana, poet, philosopher, novelist 'History is a vast early warning system.' - Norman Cousins, journalist, professor, author
'Choose a job you love, and you will never have to work a day in your life.' - Confucious
'The trouble is, you think you have time.'
- Buddha (Siddhartha Gautama) 
'It's not the years in your life that count, but the life in your years.' - Abraham Lincoln
'The first panacea for a mismanaged nation is currency inflation; the second is war. Both bring temporary
          prosperity, then permanent ruin. But both are the refuge of political and economic opportunists.'
- Ernest Hemingway, journalist, war correspondent, author of classics, recipient of the Bronze Star, Nobel Prize in Literature
'Real integrity is doing the right thing, knowing nobody's going to know whether you did it or not.' - Oprah Winfrey
'The pen is mightier than the sword.' - Edward Bulwer-Lytton, playwright; best known of similar quotations
'A pessimist sees difficulty in every opportunity; an optimist sees opportunity in every difficulty.' - Winston Churchill
'You must do the thing you think you cannot do.'  - Eleanor Roosevelt, human rights activist, First Lady, U.N. diplomat

'You miss 100% of the shots you don't take.' - Wayne Gretzky, incomparable hockey champion ('The Great One')
'...the only thing we have to fear is... fear itself.' - Franklin D. Roosevelt, first Inaugural Address, March 4, 1933
'Do the right thing. It will gratify some people, astonish the rest.' - Mark Twain (Samuel Clemens), iconic author, humorist

'Buying and selling since 1958'


60 Ventura Blvd, PMB 110A, Encino, CA 91436

  • Jay has 60 years experience as a rare stamp and coin dealer -- uniting treasures with serious collectors and savvy investors since 1958
  • Polished expert witness, trusted appraiser, buyer, consultant, agent
  • Specialist in 19th-20th century classics, rarities, errors, inverted centers
  • Historical and presidential documents, manuscripts, rare autographs etc
  • The History Channel's Pawn Stars expert for stamps, coins, currency
  • First dealer to buy and sell America's Rarest Stamp sold for $397,838 in 1999, internet record for most valuable stamp - est. today $3 million
  • First dealer in history to buy and sell a coveted Nobel Prize gold medal
  • First stamp and coin editor of the Los Angeles Times; creator of the popular Sunday column 'Stamp and Coin Corner' which ran for 30 years
  • First dealer to buy and sell the highest grade gem U.S. $10 Indian Head gold coin (1913S) known to exist; sold for $287,500 in 2007
  • Former consultant-contributor to the renowned Scott Stamp Catalogue
  • Owner and operator of five Los Angeles stamp and coin stores (1960s to 1990s); and a California licensed and bonded auctioneer
  • Perhaps the only dealer to buy-sell three intact 1903 Roosevelt Albums
  • Exclusive rare stamp buyer for John D. Rockefeller Jr's grandson
  • Former newspaper editor, publisher, investigative reporter, columnist
  • American Philatelic Society since 1963, APS Life Member
  • American Numismatic Assn since 1964, ANA Emeritus Member
  • National Stamp Dealers Association, NSDA member since 1998
  • United States Stamp Society, USSS member since 1983; etc.

818.905.1111 or 818.515.1222

By appointment only, please.

Best Email: americanacorp@sbcglobal.net  / or (back-up
only): jaytell@hotmail.com

Jay Tell's 'Bobby Darin Tribute' --




Michele Tell-Woodrow, Las Vegas, Jay's niece; top PR and media expert:

Sean Astin, Jay's nephew, actor/director/producer, call-in radio host:


Melissa Davis, Jay's friend, author, book publisher, Beatles legacy authority:

Jay's Linked In page:   https://www.linkedin.com/in/jay-tell-2936bb2a   

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